REAL-TIME GLOBAL RESEARCH
Ecopro BM: 2Q OP a miss; end market contracting, competition intensifying; downgrade to Underweight
Research evidence excerpt
Ecopro BM: 2Q OP a miss; end market contracting, competition intensifying; downgrade to Underweight
risdictions (“EEA professional investors”). This material must not be acted on or
relied on by persons who are not EEA professional investors. Any investment or investment activity to which this material relates is only
available to EEA relevant persons and will be engaged in only with EEA relevant persons.
Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the
Securities and Futures Commission in Hong Kong, and J.P. Morgan Broking (Hong Kong) Limited (CE number AAB027) is regulated by the
Securities and Futures Commission in Hong Kong. JP Morgan Chase Bank, N.A., Hong Kong Branch (CE Number AAL996) is regulated by the
Hong Kong Monetary Authority and the Securities and Futures Commission, is organized under the laws of the United States with limited
liability. Where the distribution of this material is a regulated activity in Hong Kong, the material is distributed in Hong Kong by or through J.P.
Morgan Securities (Asia Pacific) Limited and/or J.P. Morgan Broking (Hong Kong) Limited.
India: J.P. Morgan India Private Limited (Corporate Identity Number - U67120MH1992FTC068724), having its registered office at J.P. Morgan
Tower, Off. C.S.T. Road, Kalina, Santacruz - East, Mumbai – 400098, is registered with the Securities and Exchange Board of India (SEBI) as a
‘Research Analyst’ having registration number INH000001873. J.P. Morgan India Private Limited is also registered with SEBI as a member of
the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited (SEBI Registration Number – INZ000239730) and as a
Merchant Banker (SEBI Registration Number - MB/INM000002970).
The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.
Open report viewer